| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Retirement Board | $113,971 |
+21.2%
|
Adjusted for higher cost-of-living indices in Retirement Board's primary metro hubs. |
| Local 522 Pension Fund | $122,188 |
+30.0%
|
Influenced by prevailing union wage agreements specific to Local 522 Pension Fund's sector. |
| Va/ Ge Life Annuity Assurance | $98,413 |
+4.7%
|
Reflects structural premiums typical of Va/ Ge Life Annuity Assurance's large-cap national operations. |
| Gemini Brokerage | $120,753 |
+28.4%
|
Supported by Gemini Brokerage's high-margin contracts allowing higher overhead. |
| Insurance Industry | $123,858 |
+31.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$113,971 / year
Salary Range: $100,185 - $129,024
Stoneham, MA
$122,188 / year
Salary Range: $107,406 - $138,328
Brooklyn, NY
$98,413 / year
Salary Range: $86,531 - $111,403
Richmond, VA
$120,753 / year
Salary Range: $106,169 - $136,681
New York City, NY
$99,257 / year
Salary Range: $87,255 - $112,367
Frisco, TX
$99,003 / year
Salary Range: $87,026 - $112,074
Town And Country, MO
$97,970 / year
Salary Range: $86,119 - $110,904
Morristown, MN
$92,253 / year
Salary Range: $81,106 - $104,416
Augusta, ME
$88,804 / year
Salary Range: $78,082 - $100,514
Murray, KY
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,400+ | A significant portion of Pension California salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (IndyGo monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,240 - $3,510+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Pension California is approximately from $82,664 to $106,428. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
The average annual salary at Pension California is $94,025, or an hourly wage of $45, in comparison to Retirement Board which pays $113,971 per year or $55 per hour.
Experience level is a significant factor in determining salary at Pension California, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
To determine if a salary offer from Pension California in Indianapolis is fair, first compare the gross salary to our data for similar roles at Pension California and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Indianapolis" to understand its purchasing power.
An individual's actual salary at Pension California can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.
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